Defensive stock update

Our defensive stocks have risen by 22.1% since June 30, 1998 compared to a 15.8% rise in the All Ords. Given the exceptional growth credentials of many of our selections, we believe there’s plenty of life left yet.

Unlock this content

Ten months have passed since we first reviewed our selection of blue chip defensive stocks and if it proves anything, it's that a buy and hold approach pays off. The idea was to identify a basket of stocks that would offer insulation against the full impact of a market downturn, provide some diversity and offer good growth potential. Of these stocks all but AMP and Woolworths are now trading at higher prices than when included in the original selections.

InvestSMART Publishing Pty Ltd holds Australian Financial Securities Licence (AFSL) 282288.
The content of this website is general in nature and does not take the personal situation of any user of this website into consideration.
A user of this website should seek financial advice specific to that user’s situation before making any financial decision.
Past performance of any security or financial product is not a reliable indicator of future performance. InvestSMART Publishing Pty Ltd
encourages users of this website to view investing as a long-term pursuit.